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CIPS L4M5 Exam With Confidence Using Practice Dumps

Exam Code:
L4M5
Exam Name:
Commercial Negotiation
Vendor:
Questions:
373
Last Updated:
Dec 5, 2025
Exam Status:
Stable
CIPS L4M5

L4M5: CIPS Level 4 Diploma in Procurement and Supply Exam 2025 Study Guide Pdf and Test Engine

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Commercial Negotiation Questions and Answers

Question 1

Which of the following is a source of information on microeconomic factors?

Options:

A.

Analysts published in the mainstream and financial media

B.

Data published by the financial markets and commodity markets and exchanges

C.

The marketing and corporate communications of suppliers

D.

Published economic indices such as the Retail Price Index (RPI)

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Question 2

To buying organisation, savings can be achieved from different saving levers or tactics. Which of the following are means that deliver savings through optimising specifications?

Options:

A.

Value engineering

B.

Part substitution

C.

Budget linkages

D.

Compare total cost of ownership

E.

Volume pooling

Question 3

A procurement manager has decided to bring in a junior member of their team to a negotiation meeting. Which of the following would be suitable roles for this junior member of the team?

Note taker

Expert

Observer

Chair

Options:

A.

1 and 2

B.

1 and 3

C.

2 and 3

D.

3 and 4